Wells Fargo 6/3/2016 - Laserfiche WebLink

DEFINITIONS AND DISCLOSURE STATEMENT Definitions those trades in your Account at Wells Fargo,federal "Asset Based Fees Paid by Fund" are fees that are regulations(12 CFR§12.4)require that Wells Fargo paid by the fund company for mutual funds or the inform you of your right to receive a separate bank trust company for collective investment funds. notification containing details of those security These fees are taken out of the fund prior to the transactions. calculation of the net asset value ("NAV") for the Wells Fargo can comply by forwarding you,at no fund. For assets invested in mutual funds, these are charge,copies of each trade confirmation or, in the a part of those fees already paid by the shareholders absence thereof,written notification of the details of the applicable fund to the fund/affiliated party as that would have been contained therein. disclosed in the prospectus. The portion being Alternatively,you may determine that in lieu of disclosed by Wells Fargo are only those fees receiving separate trade confirmations,the periodic received by Wells Fargo from the fund companies Account statements provided to you by Wells Fargo parties for certain shareholder services performed by are adequate to inform you of the Account trade Wells Fargo. Changes to such fees will be disclosed activity. This alternative reporting is allowed on the trust statements. Any such fees are part of the pursuant to 12 CFR §12.5. fund's expense ratio and do not result in an By signing the Acceptance Page,you agree that the increased payment by the Trust. Ongoing asset periodic statements provided by Wells Fargo are based fees are stated as annual rates and are adequate notification and that you do not wish to calculated by the fund's manager pursuant to its receive separate trade confirmations. If you wish to established practice and procedure. Certain funds receive separate trade confirmations, please provide may also pay one-time asset based fees to Wells your request in writing to Wells Fargo. Fargo which are calculated based on the value of funds invested by an individual who was not Shareholder Communications Act Disclosure previously an investor in the fund and are calculated The Securities and Exchange Commission adopted in accordance with the manager's procedures. Asset the Beneficial Owner Information Disclosure Rule based fees may be paid by the fund family from one #14b-2(Rule) in 1986 as part of its effort to improve or more sources and under one or more programs communications between publicly held companies provided for in the prospectuses of the funds, such as and beneficial owners of the securities registered in sub-transfer agency fees, 12b-1 fees,shareholder and the name of certain nominees. administrative services fees, and distribution related fees. Under these rules, Wells Fargo Bank,N.A. (Wells Fargo)is required to contact each customer for Wells Fargo Advantage Mutual Funds whom we hold securities and determine whether you A current prospectus for any Wells Fargo Advantage authorize us to provide your name, address and share Funds included in the Account is available at position to the issuer of the securities you own. For www.wellsfargoadvantagefunds.com or by calling your protection,the rules prohibit the requesting Wells Fargo Funds Investor Services at 1-800-222- company from using your name and address for any 8222. purpose other than corporate communications. The prospectus contains important information about Please complete the authorization below by checking fees payable to Wells Fargo Bank or its affiliates. one of the alternatives. The Funds fees and expenses are stated in the U Wells Fargo is authorized to release my name, Organization and Management of the Funds and address and share position(Consents to disclosure). Summary of Expenses sections of the Prospectus and in the MANAGEMENT section of the Statement of [J Wells Fargo is NOT authorized to release my Additional Information. name,address and share position(Objects to Alternative Notification of Securities disclosure). Transactions under 12 CFR 12.5 Note: Under the Rule, Wells Fargo is required to treat a non-response as a"Consents to disclosure" Whenever you,as Owner initiate trades, and Wells response. Fargo Bank,N. A. ("Wells Fargo")places Definitions and Disclosure Statement—Unbundled NonERISA Page 1 of 1 August 2012 Institutional Retirement and Trust